Taxes
Taxes Articles
The prospect of retirement and leaving the drudgery of the workforce is an appealing prospect for many. The topic of retirement savings and investing strategies in order to maximize portfolio growth...
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The good news is that the start of a new year is an opportunity to review your finances. Think of 2025 as a new chance to re-evaluate how much you want to earn, spend, and save and focus on your next...
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With home prices at mortgage rates at historic highs, buying a home has become prohibitively expensive for millions of Americans. But the costs associated with home ownership extend well beyond the...
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One of the perks of working in the Foreign Service division of the US State Department is the ability to fully immerse oneself in another nation and its culture while still enjoying the protections...
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Nobody likes taxes. Well, maybe the IRS. But we can safely say even their agents don’t like paying taxes. Everybody likes spending them. Even the most fiscally conservative advocate of small...
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24/7 Insights Tax havens are perfectly legal. The US has its own tax havens, such as those in states like Delaware. It’s very hard to recover money from a tax haven nation. Also: Discover...
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This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. 24/7 Insights The Social Security “Tax Torpedo” can...
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The main point of life insurance is to provide financial support for your loved ones after you pass away. But life insurance offers various tax benefits including ones that you can take advantage of...
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24/7 Insights Even millionaires can receive government benefits. Medicare is one of the best benefits available regardless of net worth. Millionaires can defer social security till they are 70. ...
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24/7 Wall St. Insights Scamming people with fake charities is big business, and many people fall for it every year. Basic internet literacy can help you avoid some of the most obvious traps. 24/7 is...
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With the backdoor Roth IRA strategy, you move nondeductible contributions from a traditional IRA to a Roth IRA and thereby benefit from potential tax-free growth and qualified tax-free withdrawals...
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A health savings account (HSA) allows you to save and invest money for future medical expenses while earning key tax benefits. But in order to make the most out of those tax breaks, you need to...
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It is no secret that some states have a much friendlier tax climate than others. Several states levy no income tax, for example, and manage to attract Americans who prefer to pay less in taxes (you...
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